Tag: tax-saving strategies
-
Maximize Superannuation Funds: Essential End-of-Year Checklist
As the financial year draws to a close, it’s time to get your superannuation funds in order and maximize available strategies. Here’s a checklist of essential tasks to address with your advisers before June 30. A PRACTICAL GUIDE TO AUSTRALIAN SUPERANNUATION: A Plain-English Guide to Maximising Your Contributions, Planning for Retir… | $15.39 Firstly, timing…
-
Australian Superannuation Contributions Surge, Reaching $55.7 Billion
Australians have been actively investing in their superannuation funds, with a significant increase seen in voluntary personal contributions over the past year. According to the Australian Prudential Regulation Authority (APRA), there was a notable surge in member contributions, driven by higher personal contributions made by individual workers from their after-tax income. This growth in personal…
-
Demystifying Super: A Comprehensive Guide for Beginners
Superannuation, a cornerstone of Australia’s retirement landscape, has been a compulsory savings scheme since 1992. Despite its long history, many individuals still grapple with understanding its intricacies. The Super for beginners guide aims to demystify superannuation, covering its purpose, contributions, taxation, and withdrawal rules. For those new to super, this guide offers a comprehensive overview…